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0.0326086956521741 0.0326086956521741 0.0326086956521741 0.0326086956521741 0.0326086956521741 0.0652173913043479 0.0930072463768117 0.103659420289855
Stock impact report

Caledonia Mining Corporation Plc: Increased earnings guidance for 2019

Caledonia Mining Corporation Plc Common Shares (CMCL) 
NASDAQ:AMEX Investor Relations: caledoniamining.com
Company Research Source: GlobeNewswire
ST HELIER, Jersey, Jan. 30, 2020 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc (NYSE AMERICAN: CMCL; AIM: CMCL; TSX: CAL) (“Caledonia” or the “Company”) is pleased to announce that earnings for 2019 will be substantially higher than market expectations due to the combined effects of: the continued strength of the gold price;higher than expected production for 2019; andlower than expected operating costs. As a result of these factors, adjusted earnings per share (before net realised and unrealised foreign exchange gains) for 2019 are expected to be in the range of US$1.55 to US$1.75 per share compared to company guidance in early 2019 of US$0.86 to US$1.17 per share.  Earnings per share on an IFRS basis which includes net realised and unrealised foreign exchange profits is expected to be approximately US$3.80 to US$4.00 per share. Caledonia expects to publish its results for the year to December 31, 2019 on or around March 20, 2020.  Commenting on this announcement, Steve Show less Read more
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